Null Hypothesis: D(INF) has a unit root Exogenous: Constant Lag Length: 1 (Automatic - based on SIC, maxlag=7) Augmented Dickey-Fuller test statistic Test critical values: 1% level 5% level 10% level *MacKinnon (1996) one-sided p-values. Augmented Dickey-Fuller Test Equation Dependent Variable: D(INF,2) Method: Least Squares Date: 10/30/22 Time: 12:11 Sample (adjusted): 1994 2021 Included observations: 28 after adjustments Variable D(INF(-1)) D(INF(-1),2) с R-squared Coefficient Std. Error t-Statistic -4.976264 -3.689194 -2.971853 -2.625121 Prob.* 0.0004 t-Statistic Prob. 0.497676 Mean dependent var -0.983150 0.197568 -4.976264 0.0000 0.501020 0.172659 2.901787 0.0076 -0.231891 0.252014 -0.920154 0.3663 -0.005429

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Chapter1: Combinatorial Analysis
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Interpret the generated results at 5% level of significance. 

Null Hypothesis: D(INF) has a unit root
Exogenous: Constant
Lag Length: 1 (Automatic - based on SIC, maxlag=7)
Augmented Dickey-Fuller test statistic
Test critical values:
1% level
5% level
10% level
*MacKinnon (1996) one-sided p-values.
Augmented Dickey-Fuller Test Equation
Dependent Variable: D(INF,2)
Method: Least Squares
Date: 10/30/22 Time: 12:11
Sample (adjusted): 1994 2021
Included observations: 28 after adjustments
Variable
D(INF(-1))
D(INF(-1),2)
с
R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
F-statistic
Prob(F-statistic)
Coefficient
Std. Error
t-Statistic
-4.976264
-3.689194
-2.971853
-2.625121
-0.983150 0.197568
-4.976264
0.501020
0.172659
2.901787
-0.231891
0.252014 -0.920154
t-Statistic Prob.
0.497676
Mean dependent var
0.457490
S.D. dependent var
1.311591 Akaike info criterion
Prob.*
43.00680 Schwarz criterion
-45.73843 Hannan-Quinn criter.
12.38433
Durbin-Watson stat
0.000183
0.0004
0.0000
0.0076
0.3663
-0.005429
1.780716
3.481316
3.624053
3.524952
1.858364
Transcribed Image Text:Null Hypothesis: D(INF) has a unit root Exogenous: Constant Lag Length: 1 (Automatic - based on SIC, maxlag=7) Augmented Dickey-Fuller test statistic Test critical values: 1% level 5% level 10% level *MacKinnon (1996) one-sided p-values. Augmented Dickey-Fuller Test Equation Dependent Variable: D(INF,2) Method: Least Squares Date: 10/30/22 Time: 12:11 Sample (adjusted): 1994 2021 Included observations: 28 after adjustments Variable D(INF(-1)) D(INF(-1),2) с R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Prob(F-statistic) Coefficient Std. Error t-Statistic -4.976264 -3.689194 -2.971853 -2.625121 -0.983150 0.197568 -4.976264 0.501020 0.172659 2.901787 -0.231891 0.252014 -0.920154 t-Statistic Prob. 0.497676 Mean dependent var 0.457490 S.D. dependent var 1.311591 Akaike info criterion Prob.* 43.00680 Schwarz criterion -45.73843 Hannan-Quinn criter. 12.38433 Durbin-Watson stat 0.000183 0.0004 0.0000 0.0076 0.3663 -0.005429 1.780716 3.481316 3.624053 3.524952 1.858364
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